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LIFULL Co ( (JP:2120) ) has issued an update.
LIFULL Co., Ltd. has completed the transfer of all shares of its specified overseas subsidiary, LIFULL CONNECT, to CONNECT NEXT PTE. LTD. as of January 21, 2025. The transaction results in LIFULL acquiring a 55% stake in CONNECT NEXT through non-voting preferred shares, leading to the exclusion of LIFULL CONNECT from LIFULL’s consolidated financial statements. The company is currently assessing the full impact of this transfer on its financial results and plans to update its full-year forecast once the details are finalized.
More about LIFULL Co
LIFULL Co., Ltd. operates in the real estate industry, providing services and products related to property listings and real estate information. The company focuses on enhancing real estate connectivity across markets, particularly through its subsidiary and affiliated networks.
YTD Price Performance: -20.98%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $163.3M
For an in-depth examination of 2120 stock, go to TipRanks’ Stock Analysis page.
